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Which of the following statements accurately describe how the Fed approached monetary policy before the financial crisis in 2007-2008? Multiple select question. It relied on

Which of the following statements accurately describe how the Fed approached monetary policy before the financial crisis in 2007-2008? Multiple select question. It relied on quantitative easing and quantitative tightening. It set targets for the federal funds rate. It used open-market operations to influence the federal funds rate. It regularly adjusted IORB and ON RRP rates. It bought or sold short-term securities from banks to change the banks' reserve balances at the Fed

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